Putin Says Russian Economic Measures Are Yielding Results
President Vladimir Putin stated that government measures to boost the Russian economy are showing positive results after GDP grew 1.8 percent in March. Despite this monthly gain, the economy contracted 0.3 percent in the first quarter as the ministry lowered its 2026 growth forecast to 0.4 percent.
President Vladimir Putin said Russia saw GDP rise 1.8% in March, marking a monthly gain after a 0.3% contraction in the first quarter. The rebound follows Moscow's sharp reduction in official growth forecasts, raising questions about the durability of near-term economic momentum. Long-term estimates have been halved, presenting investors with a volatile outlook as the government balances immediate industrial gains against diminished multi-year projections.
